Renwick, IA
Population 253 · Iowa
About Renwick, IA
Renwick is a small community located in Iowa with a population of 253 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,375 per year, which is 28% below the national median of $75,149. The median age of 48.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Renwick features a median home value of $80,800, which is 67% below the national median of $244,900. This makes Renwick one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $696, 40% below the national average of $1,163/month. Of the 178 total housing units, 76% are owner-occupied (99 units) and 24% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Renwick shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Renwick have an average one-way commute time of 26.6 minutes.
Education & Demographics
11.0% of Renwick residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 11.5% White, 6.3% Hispanic or Latino, 0.0% Black or African American, and 4.7% Asian residents, with 14.2% of the population being foreign-born.
How Renwick Ranks in Iowa
Cost of Living in Renwick, IA
Compared to national averages, Renwick has a median household income of $54,375 (28% below the national median of $75,149). Home values average $80,800, which is 67% below the national median. Monthly rent at $696 is 40% below the US average of $1,163. Within Iowa, Renwick's income is 20% below the state average of $67,947, and home values are 39% below the state median of $132,237.
Why Live in Renwick, IA?
Renwick offers affordable housing with a median home value of $80,800, below the US average of $244,900, and rent that’s lower than the national average at $696/month, and a strong job market with an unemployment rate of just 0.6%.
Potential considerations include median household income ($54,375) that falls below the national average. However, Renwick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Renwick has a population of 253 with a median age of 48.3 years. Compare Renwick with other cities to see how it stacks up, or explore all cities in Iowa.
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Economy & Education
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Renwick
What is the population of Renwick, IA?
The population of Renwick, IA is 253 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Renwick?
The median household income in Renwick, IA is $54,375 per year, which is 28% below the national median of $75,149.
What is the median home value in Renwick?
The median home value in Renwick, IA is $80,800, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Renwick?
The median monthly rent in Renwick, IA is $696, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Renwick?
The unemployment rate in Renwick, IA is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Renwick, IA a good place to live?
Renwick offers a moderate cost of living, affordable housing, and a strong job market. With a population of 253 and a median age of 48.3, the city appeals to established professionals and retirees.
How educated is Renwick, IA?
11.0% of residents in Renwick aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Renwick?
Key cost-of-living indicators for Renwick, IA: median home value is $80,800 (67% below national), median rent is $696/month, and median household income is $54,375. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Renwick?
The poverty rate in Renwick, IA is 13.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Renwick, IA?
Renwick's population is 11.5% White, 6.3% Hispanic or Latino, 0.0% Black or African American, 4.7% Asian, and 0.0% two or more races. 14.2% of residents are foreign-born.